Lion Acquires Australia’s Stone & Wood Brewing Parent Company Fermentum
Australian beverage company Lion has acquired The Fermentum Group, the parent company of Stone & Wood Brewing, according to Australian Brews News.
Australian beverage company Lion has acquired The Fermentum Group, the parent company of Stone & Wood Brewing, according to Australian Brews News.
Nearly a year after entering an exclusive 10-year distribution partnership with Philadelphia-based coffee roaster La Colombe, Molson Coors Beverage Company announced this week that it is taking the brand’s RTD coffee products nationwide in the conventional channel and big box accounts, including Kroger, Walmart, Target and HyVee alongside multiple West Coast regional grocers.
Portland, Oregon’s Great Notion Brewing has struck a multi-year partnership agreement with the Portland Trail Blazers that will lead to the craft brewery’s flagship Ripe IPA to be sold at the NBA franchise’s home arena, the Moda Center.
Anheuser-Busch InBev is launching Stella Artois Liberté, a non-alcoholic (NA) offering for “beer lovers who want to enjoy a beer, but who want the option to reduce their alcohol consumption.”
Omission, the gluten-reduced craft beer brand Anheuser-Busch InBev acquired in its 2020 merger with Craft Brew Alliance, is wiping the slate clean next year.
Citing “continuing uncertainty about hard seltzer demand trends for the remainder” of 2021, Truly Hard Seltzer maker Boston Beer Company today withdrew its 2021 financial guidance. The company also said it anticipates “hard seltzer-related inventory write-offs, shortfall fees payable to third party brewers, and other costs” that will be incurred throughout the remainder of 2021.
BrewDog has formed an international joint venture with Japan’s Asahi as the Scottish craft brewer prepares to go public, the Financial Times reported earlier this week.
Boston Beer Company’s innovation pipeline continues to pump out new brands as the fall approaches, announcing today a planned nationwide launch in November of Bevy Long Drink, a sparkling refresher inspired by a traditional Finnish cocktail that consists of gin, grapefruit soda, and tonic. However, Boston’s version of the beverage, checking in at 5.8% ABV, won’t contain spirits.
The ready-to-drink canned cocktail segment continued to grow over the Labor Day holiday weekend increasing its share of the liquor category from 4% to 7% year-over-year (YOY) on the e-commerce alcohol delivery platform Drizly.
The legal battle between Jack’s Abby Craft Lagers and Atlantic Beverage Distributors has crossed state lines into Rhode Island. Atlantic Importing and Distributing of Rhode Island, Inc., the Ocean State sister company of the Holliston, Massachusetts-based distributor, filed a lawsuit against Jack’s Abby in Rhode Island’s Providence/Bristol County Superior Court on July 23 to prevent the brewery from terminating Atlantic as its Rhode Island wholesaler. The Framingham, Massachusetts-based craft brewery had successfully ended its relationship with Atlantic’s Massachusetts operation in January.
Contract brewer Community Brewing Ventures (CBV) has acquired the intellectual property of Charlotte, North Carolina’s Unknown Brewing Company, and will continue production of its beer brands.
Anheuser-Busch InBev is reshuffling its commercial leadership team in the U.S. on the heels of the July promotion of Brendan Whitworth as North American Zone and U.S. CEO.
Boston Beer Company (BBC) has agreed to a five-year, $3.42 million deal with Peak Processing Solutions, a licensed developer, manufacturer, and distributor of recreational and medical cannabis products in Canada.
The rise in COVID-19 cases driven by the highly contagious Delta variant has only deterred 15% of consumers from visiting on-premise establishments less frequently, market research firm CGA found.